ICICI Prudential Bluechip Fund Direct Plan Growth
Equity
Direct
Large-Cap
NAV: ₹ 103.24 as on 18-04-2024
Fund Performance
75365 people have invested ₹ 31.7Cr in ICICI Prudential Bluechip Fund Direct Plan Growth in the last three months
Mutual Fund Insights
Over the last 6 months, this fund has decreased expense ratio by 18.6% moving from 1.02 to 0.83.
Over the last 6 months, this fund has experienced a 27.9% growth in AUM moving from 41.83K Cr to 53.50K Cr.
In the last 3 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 26.35% return, outperforming this fund by 4.26% per annum.
In the last 5 years, Baroda BNP Paribas Large Cap Fund Direct Plan Growth Option has given 18.81% return, outperforming this fund by 0.78% per annum.
In the last 1 year, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 43.28% return, outperforming this fund by 4.62%.
INDmoney Rank of ICICI Prudential Bluechip Fund Direct Plan Growth
Powered by IND quant engine
1
/19
77% Performance
78% Risk Management
49% Cost
1 out of 19 among large-cap
Pros
Generated Consistent Returns
Consistently beats benchmark
Lower probablity of downside risk
Cons
No bad points found for this fund.
About the ICICI Prudential Bluechip Fund Direct Plan Growth
ICICI Prudential Bluechip Fund Direct Plan Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Vaibhav Dusad, Anish Tawakley. The fund could potentially beat inflation in the long-run.
Key Parameters
- ICICI Prudential Bluechip Fund Direct Plan Growth has ₹53505 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 0.8.
ICICI Prudential Bluechip Fund Direct Plan Growth Overview
 | 0.83% |
 Benchmark | S&P BSE 100 India TR INR |
 | ₹53505 Cr |
 | 1 January, 2013 |
 | ₹100/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 27% |
ICICI Prudential Bluechip Fund Direct Plan Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
84.4%
Mid cap
6.5%
Small cap
0.5%
Sector Allocation
Financial Services
24.4%
Energy
13.7%
Consumer Cyclical
12.3%
Industrial
11.2%
Tech
9%
Basic Materials
6.7%
Consumer Defensive
6.7%
Health
6.5%
Communication
4.5%
Utilities
3.6%
Real Estate
1.5%
Top Holdings of ICICI Prudential Bluechip Fund Direct Plan Growth as on (31-Mar-24)
Equity Holdings69
ICICI Prudential Bluechip Fund Direct Plan Growth: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 2.50% whereas the fund’s underlying benchmark Nifty 100 returns stands at 0.26% as on Mar'24
- This fund outperformed Nifty 100 by 2.25% in Mar'24
AUM Change
- AUM of the fund stands at 51.6K Cr as of Mar'24
- AUM has remained same between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in ICICI Prudential Bluechip Fund Direct Plan Growth portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Maruti Suzuki India Ltd | 7.7% |
 Bharti Airtel Ltd | 4.9% |
 Larsen & Toubro Ltd | 4% |
Top Losers | 1M Return |
|---|---|
 Infosys Ltd | -7.9% |
 Axis Bank Ltd | -0.6% |
 UltraTech Cement Ltd | 0.6% |
Peer Analysis
ICICI Prudential Bluechip Fund Direct Plan Growth Fund Manager
Vaibhav Dusad
Fund Manager of ICICI Prudential Bluechip Fund Direct Plan Growth, since 18 January 2021
Top funds managed
Anish Tawakley
Fund Manager of ICICI Prudential Bluechip Fund Direct Plan Growth, since 5 September 2018
Top funds managed
ICICI Prudential Bluechip Fund Direct Plan Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 16.47% since inception which is more than its category average return of 13.36%
Fund Allocations
This fund has an allocation of 91.35% in Equity, 0% in Debt and 8.65% in Cash related instruments
AUM size ₹53505 Cr
This fund has AUM of ₹53505 Cr which is more than its category average of ₹ 6122 Cr
Expense Ratio 0.83%
This fund has an expense ratio of 0.83% which is less than its category average expense ratio of 1.32%
Frequently Asked Questions
The current NAV of ICICI Prudential Bluechip Fund Direct Plan Growth is ₹103.24 as on 18-Apr-2024.
Existing (Absolute + CAGR) as on 18-Apr-2024.
ICICI Prudential Bluechip Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.48% | 1.48% |
6 Month Returns | 19.81% | 19.81% |
1 Year Returns | 38.66% | 38.66% |
3 Years Returns | 81.96% | 22.09% |
5 Years Returns | 129.06% | 18.03% |
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0.83% as on March 2024
₹53505 Cr as on March 2024
ICICI Bank Ltd(8.28%), Reliance Industries Ltd(8.09%), Larsen & Toubro Ltd(7.05%), Maruti Suzuki India Ltd(4.95%), Infosys Ltd(4.71%) as on March 2024
Financial Services(22.25%), Energy(12.49%), Consumer Cyclical(11.23%) as on March 2024
The alpha ratio for the ICICI Prudential Bluechip Fund Direct Plan Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
ICICI Prudential Bluechip Fund Direct Plan Growth | 10.6 | 6.03 | 3.25 |
As on March 2024
The alpha for ICICI Prudential Bluechip Fund Direct Plan Growth is calculated against S&P BSE 100 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the ICICI Prudential Bluechip Fund Direct Plan Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ICICI Prudential Bluechip Fund Direct Plan Growth | 0.81 | 0.84 | 0.94 |
As on March 2024
The Beta for ICICI Prudential Bluechip Fund Direct Plan Growth is calculated with S&P BSE 100 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the ICICI Prudential Bluechip Fund Direct Plan Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
ICICI Prudential Bluechip Fund Direct Plan Growth | 3.22 | 1.35 | 0.78 |
As on March 2024
The sharpe ratio for ICICI Prudential Bluechip Fund Direct Plan Growth is calculated with S&P BSE 100 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the ICICI Prudential Bluechip Fund Direct Plan Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
ICICI Prudential Bluechip Fund Direct Plan Growth | 9.3 | 11.59 | 17.65 |
As on March 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 2.73 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.47 as on March 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Vaibhav Dusad, Anish Tawakley are the fund managers of ICICI Prudential Bluechip Fund Direct Plan Growth
The Exit load of ICICI Prudential Bluechip Fund Direct Plan Growth is 1%